What is the meaning of Receipt & Payment, Income &
Expenditure, Profit & Loss A/c? Under What cercumstances
these are prepared?
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What is TDS
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credit management as an essential component of financial management explain?
The Bad Debts figure in the trial balance is 170. The following info is to be taken into account: A provision for bad debts of 5% of debtors is to be created
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
what is difference between public sector and nationalised bank?
7 Answers College School Exams Tests, Magnum,
Explain NAFCO?
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
what happens if LIFO Price Increases?
difference between accounting and financial accounting if it is same or not if not what is the difference ?
who introduces the single entry format?